Deadline: 16-Nov-22
The European Commission (EC) is accepting proposals for Innovative Financing Schemes for Sustainable Energy Investments.
Scope
Proposals should address the set-up of innovative financing schemes leveraging private finance for sustainable energy investments, with a dedicated and clear focus on energy efficiency. The financial solution should be operational by the end of the action, whereas the related investments may be implemented after project completion. Therefore, proposals should foresee necessary testing and exploitation activities during the action.
Objective
- The topic aims to set up innovative financing schemes for investments in sustainable energy in the form of energy efficiency and small-scale renewable energy sources.
- In view of the ambitious EU climate and energy policy, including dedicated targets for the years 2030 and 2050, significantly enhanced investments will be needed. This is also clearly reflected in the European Green Deal Investment Plan, which aims at mobilising at least EUR 1 trillion of sustainable investments over the course of 10 years for Europe to become the first climate-neutral continent by 2050. This requires significant investment from both the public and the private sector. Public finance needs to lead the way, private actors need to provide the scale.
Funding Information
Amount: EUR 4 000 000
Eligibility Criteria
In order to be eligible, the applicants (beneficiaries and affiliated entities) must:
- be legal entities (public or private bodies)
- be established in one of the eligible countries, i.e.:
- EU Member States (including overseas countries and territories (OCTs))
- non-EU countries:
- listed EEA countries and countries associated to the LIFE Programme or countries which are in ongoing negotiations for an association agreement and where the agreement enters into force before grant signature
- the coordinator must be established in an eligible country
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